Hilton Worldwide Holdings Inc. News

Anbang’s Plans for Waldorf Astoria Call for Fewer Luxury Condos

It’s official: Anbang Insurance Group Co. has filed a plan for the luxury condos it’s developing at Manhattan’s Waldorf Astoria, and it calls for fewer apartments than the company initially aimed for. The Chinese insurer’s project to convert many of …

New York’s Waldorf Owner Pressured to Sell as China Clampdown Escalates

When Anbang Insurance Group Co. agreed to buy New York’s iconic Waldorf Astoria hotel for $1.95 billion in 2014, the world took notice. It was a defining moment in the global rise of China Inc., a deal that would help …

Anbang Says New York’s Waldorf Astoria Condo Conversion Proceeding Normally

The conversion of New York’s landmark Waldorf Astoria hotel into luxury condominiums is moving forward as planned and no delays are anticipated after the property’s owner, China’s Anbang Insurance Group Co., said its chairman was no longer able to carry …

New York City Landmarks Art Deco Interiors of Waldorf Astoria

New York City on Tuesday landmarked some lavish public interiors at the Waldorf Astoria to save them as the hotel’s Chinese owners start a renovation that will produce hundreds of private condominiums. Nine members of the Landmarks Preservation Commission voted …